INSUBCONTINENT EXCLUSIVE:
Construction area decreased by 35.6% during the December 2024 to February 2025 quarter.This represents the largest contraction since June
2020, raising concerns throughout the industry
Social housing (VIS) construction suffered the most with a 44.2% reduction, while non-VIS housing construction fell by 12.5%.Housing sales
February figures showed remarkable 39.8% growth compared to the same month last year
The positive sales performance stems primarily from VIS housing, which increased 54.4% annually.Colombian Housing Market Shows Revival
Despite Construction Slowdown
(Photo Internet reproduction)Non-VIS sales also performed well with 33.1% growth
All six major cities recorded positive annual sales growth in both housing segments.Construction starts dropped dramatically by 55.2%
nationally in January, signaling potential supply constraints ahead
contributed significantly to market uncertainty
according to Statista projections
Economic forecasts predict 2.8% GDP growth for 2025, potentially boosting property demand.Industry experts expect the recovery to continue
energy-efficient units in major cities.
